A Home Equity Line of Credit allows you to convert your home’s equity into a line of credit to use as you need it for ongoing expenses — without affecting the great low rate you already have on your mortgage loan!
Only access and pay back what you need — the rest offers a safety net for unexpected future expenses. With a variable rate lower than most credit cards, a First Northern Home Equity Line of Credit helps you save money.
- Great for ongoing expenses like remodeling your home, paying for college tuition, substantial home improvements, and handling the unexpected
- Flexible line of credit to use as needed
- Payments vary based on variable interest rate and amount drawn
- 10-year draw period and 10-year repayment period
- Borrow up to 85% of your home’s appraised value**
- No annual fee
- No upfront closing costs or fees if your initial advance is $25,000 or greater (see your initial disclosures for complete details).
- Interest may be tax deductible. Consult a tax advisor for details.
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If you’re paying a higher rate on your Home Equity Line of Credit, let us help.
We may be able to lower your rate and save you money.
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Home Equity Lines of Credit (up to 85% appraised value**)
Type |
APR* |
Line of Credit (variable) |
As low as 4.00% |
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Need to borrow up to 100% of your home’s equity?
Our Home Access Line of Credit may be right for you.
- Borrow up to 100% of your home’s equity**
- No annual fee
- Interest may be tax deductible. Consult a tax advisor for details.
- More affordable rates than personal loans for large expenses
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Home Access Lines (up to 100% appraised value**)
Type |
APR* |
Line of Credit (variable) |
As low as 7.00% |
Apply Now Learn More